My latest article and free project are now live on the Schacht Spindle Co. site. Click here for details. This festive bag uses hemstitching to create holes through which ribbon could be threaded to cinch around the neck of a wine bottle (or your favorite 40 - yowzers!). It's super easy to weave up on a rigid heddle loom, and I would advise you to weave at least two because you may just want to keep one for yourself.
 
I got the yarn for this project from the fabulous Ellen at Purl Diva in Brunswick, Maine. If she ain't got it, it ain't happenin'.